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Fixed Assets Management Software Organizations face a significant challenge when tracking the condition, maintenance, location and depreciation of their fixed assets. There is a simplified approach that organizations use in tracking fixed assets which is by using serial numbered asset tags that labels, often with barcodes for easy and accurate reading. No matter the size of an organization, tracking assets is an essential concern for every company because, without an accurate method of keeping track of assets, it would be straightforward for a company to lose control of them. With the continuous technology advancement, asset tracking software is now available that will ensure effective tracking of valuable assets of any organizations. What is Fixed Asset Management? Fixed Asset Management is an accounting process that ensures tracking of fixed asset for financial accounting, theft deterrence, and preventive maintenance. Asset tracking software allows companies to track all asse...
ERP Software for the manufacturing industry Manufacturing industries face a significant challenge to track their operations and gain visibility over the whole procedures of manufacturing goods to keep pace with the stock daily and propose his productions as the circumstances demand. Bringing innovative changes that will allow fast, accurate and transparent information transfer between various departments and locations has become inevitable as that will ensure operational efficiency. To achieve operational efficiency requires a system that runs every aspect of your business, as the cost can be minimized, the products can be brought to the market faster while complying with regulations and improving customer relationships. What is ERP Software for manufacturing industry? This is a business management software that allows an organization to use a system of integrated applications to manage the business. The software integrates all facets of an operation, including product planning...
ERP Software in Trading Industries It is essential as a trader to track your operations to conclude which one of them is performing correctly and which are not. This is how customers can be served efficiently and make your market share multiplies. This constitutes the implementation of ERP software for trading industries to enables traders to track their operations. ERP software can not only help you reduce human errors in your calculation, but it can also help you gain insights into your business that may have been complex on paper. What is ERP Software in the trading industry? These are software that consolidates purchase requests and quotations and consequently enables quotations comparison and vendor selection. It will become easy tracking stock availability along with re-order levels and safety stocks. Different pricing based on customer and items can be maintained and grouped for pricing purposes. The ERP software will make it easier for customer’s requirements to be trac...
Microsoft Dynamics AX     Due to the fierce competition in the ever-growing industries, many organizations have seen the need to upgrade their ways of integrating business activities and take control of their operations to stand out and promote growth. This has resulted in the adoption of various ERP softwares that can perform these tasks efficiently and effectively. They need software that can merge with others like Microsoft Office, BizTalk Server, Microsoft SharePoint to connect customers and employees by integrating all business activities and this brings us to the multilingual resource planning named Microsoft Dynamics AX which is specifically designed for midsize and larger companies. What is Microsoft Dynamics AX? Microsoft Dynamics AX is a leading, and multicurrency ERP solution facilitates the full range of business process due to its core strengths in manufacturing and e-business. With its complete end-to-end flexibility and scalability, Microsoft Dynami...

Inventory Management Software

Inventory Management Software Replenishing of stock comes every month in most organizations to avoid going out of stock, but this increases the chances of stock outages and overstock bringing about losses in some cases. That is why there is a need for the implementation of an online ERP software called Inventory management software that will be used to organize inventory data which previously, has always be stored in spreadsheets or any hard-copy to avoid inventory outages or overstock. What is Inventory management software ? Inventory management software is an ERP software system used to monitor inventory levels, sales, orders and deliveries to eliminate the chances of product outages, overstock or understock. Benefits of Inventory management software This ERP software is used for so many purposes, and this has standardized its position as one of the top ERP solutions. The benefits of IMS to organizations include; ·          I...

Warehouse Management Software

Warehouse Management Software Although a warehouse management software can be quite expensive and difficult to implement, the cost and complexity of this ERP implementation will surely be justified due to the numerous benefit it brings to the organization. Benefits like decreasing errors in picking and shipping goods, improving customer service and allowing the organization to manage the most current information on activities like orders, shipments, receipts and movement of goods. What is Warehouse Management Software? A Warehouse Management Software (WMS) is an HR management software that is designed to facilitate management to regulate and administer warehouse operations right from the moment goods or materials enter a warehouse until they move out. These operations include organizing, daily planning, organizing, staffing, management of available resources, in a bid to support staff in the act of material movement and storage in a warehouse. Types of Warehouse Manage...

Human Resource (HR) and Payroll Systems in the United Arab Emirates (UAE)

The need for an effective Human Resources (HR) and Payroll System in the smooth running of business ventures of all sizes cannot be overemphasized everywhere in the world, including the United Arab Emirates (UAE). What are Human Resource (HR) and Payroll Systems? Human Resource (HR) and Payroll Systems refer to processes, usually   computer programs/software which is used to keep track of Human Resource Management Activities including, but not limited to employees’ salaries/wages and other allowances or entitlements, worked hours, deductions and penalties, applicable taxes and remittance of such to the government, net pay, and attendance keeping. They are sometimes referred to as Human Resources Management Software or Payroll Management Software especially when in form of computer programs. Human Resource (HR) and Payroll Systems Requirements in the United Arab Emirates (UAE) As a business owner in the United Arab Emirates, it is very important to keep of HR and Payrol...

Business development is your key objective, and software development is ours!

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In today’s date, many startups, various businesses and SMEs struggle to save costs due to owning software development. They get too involved in software development that they fail to focus on business development. Another major factor is, when the company decides to sell the system, it may suffer from lack of portability as the system may be too tightly coupled to the identity of the company We at FACTS develop solutions/IT systems/software using agile methodologies, which concentrates on speed to market. To help the customer, FACTS takes a pragmatic approach towards each customer by gathering grass-root level requirement and then designs the solution based on the infrastructure and implements with agreed requirements. FACTS has a strong product management team which works continuously on the customer needs and market analysis which will help the customers to come up with new product solutions, investments which will help in turn help their business growth upon ...